Liability limits for commercial policies are usually higher ($1,000,000) and usually offer the ability to increase those limits.So in your case, your DP3 policy would cover potential damage to the property and a commercial general liability policy for injuries, etc.

We would like something else, probably 1 million to start, that would help protect us from other potential lawsuits (unlawful evictions, injury, death, etc)I'm unsure which type of policy would be best to blanket cover our on LLC and would allow us to increase our coverage as the portfolio of properties increase.

Building Replacement/Rebuilding costs vs Depreciated Value, adequate coverage for loss of rents, optional coverages that may be important(Water Backup, Personal Injury Protection, Equipment Breakdown, Utility Line coverage,...)Thanks so much!

This could include trimming or removing the trees to prevent them from causing damage/injury.

The coverage is required to defend and indemnify the owner or operator and any tenants in the building for bodily injury and property damage.

Tenant and Landlord shall, each at its own expense, maintain a policy or policies of comprehensive general liability insurance with respect to the respective activities of each in the Building with the premiums thereon fully paid on or before due date, issued by and binding upon some insurance company approved by Landlord, such insurance to afford minimum protection of not less than $1,000,000 combined single limit coverage of bodily injury, property damage or combination thereof.

From what I understand, the house would have to STAY in my name, for the 2 years of experience, meaning the LLC is uninvolved with no protection for injuries/lawsuits.

On the other hand; a sharp sword in the hands of a child (substitute in-experienced if you prefer <g>) can easily result in injury to the person wielding it.

Liability, lawsuits, lawyers...blah, blah, blah.Bicycles cause more injuries than trampolines.

I then spent two years rehabbing a spinal cord injury but would love to find the returns you getting.